President Donald Trump on Sunday claimed that a “dividend of at least $2000 a person” will be paid to all Americans except for “high-income people,” saying the country is now wealthy as a result of his tariff policies.

“People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER,” the president wrote.

  • cosmicpancake@sh.itjust.works
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    13 hours ago

    This reads like pure campaign theater wrapped in gaslighting. Trump promises a mysterious “$2000 dividend” while calling critics fools, then his Treasury guy says he hasn’t even talked to him about it. Vague, uncosted, and probably designed to make headlines.

    Remember how tariffs actually work: they are a tax on imports that businesses usually pass on to consumers, and they hit lower and middle income people harder. Where is the money really coming from, who defines “high income,” and how do you square higher consumer prices with a big cash payout? It doesn’t add up.

    Short version, trust the details not the chest-thumping. If he actually wants to give people $2000, put a clear, audited plan on the table. Until then this is just noise.

    • Tehbaz@lemmy.wtf
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      12 hours ago

      Doesn’t matter. Anyone who understands what tarrifs are isn’t his target audience, the dullards who voted for him will just see a $2000 cheque with ‘DONALD J. TRUMP’ on the bottom and think that they got free money for nothing from king kiddyfucker.

        • Serinus@lemmy.world
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          8 hours ago

          We might. He owns the Supreme Court and Congress. For some reason they’ve abdicated all of their power and have no mind of their own.

          And who’s gonna vote no?

      • Inaminate_Carbon_Rod@lemmy.world
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        12 hours ago

        Rumours will start in deep red communities that democrat voters didn’t get one, further proving Trump is their golden god as they high five and laugh.

    • JeeBaiChow@lemmy.world
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      12 hours ago

      Wonder how long $2000 will last, paying for all those tariffed goods. Wonder who will make the money in the end…

    • UnderpantsWeevil@lemmy.world
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      12 hours ago

      Remember how tariffs actually work: they are a tax on imports that businesses usually pass on to consumers

      The argument for tariffs basically boils down to profit margin. If you’re selling a $100 good into the US that cost you $15 to produce and another $5 to ship, there’s a reason to believe you’re willing to eat another $15 in import taxes to collect that $80 in profit.

      If a business can pass the cost on to the consumer, the issue isn’t strictly with the tariffs. It’s the absence of alternatives at home that can retail for under $100.

      But that’s just “business math for dummies”. Manufactured goods can cross borders multiple times in the assembling process. And with the sloppy execution of the tarrif, it seems like a single product can be taxed with each crossing. That’s a bureaucratic trainwreck for a multitude of reasons. Businesses can’t absorb these costs even with enormous margins.

      Where is the money really coming from, who defines “high income,” and how do you square higher consumer prices with a big cash payout?

      Money comes from the Treasury. High income is a statutory definition. And you don’t need to square it, because people aren’t tracking the balance.

      If he actually wants to give people $2000, put a clear, audited plan on the table.

      He’s never done that before. Why start now?